Central Asia: Buttermilk Market 2020

Buttermilk Market Size in Central Asia

The revenue of the buttermilk market in Central Asia amounted to $X in 2017, going down by -X% against the previous year. The total market indicated a moderate growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the buttermilk consumption decreased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. The level of buttermilk consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Buttermilk Production in Central Asia

The country with the largest volume of buttermilk production was Kyrgyzstan (X tons), comprising approx. X% of total production.

Buttermilk Exports in Central Asia

In 2017, buttermilk exports in Central Asia amounted to X tons, increasing by X% against the previous year. The buttermilk exports continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Over the period under review, the buttermilk exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, buttermilk exports totaled $X in 2017. The buttermilk exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Buttermilk Exports by Country in Central Asia

In 2017, Kyrgyzstan (X tons) was the key exporter for buttermilk, achieving X% of total exports. It was distantly followed by Kazakhstan (X tons), generating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to buttermilk exports from Kyrgyzstan stood at -X%. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. While the share of Kyrgyzstan (X%) increased significantly in terms of the global exports from 2007-2017, the share of Kazakhstan (-X%) displayed negative dynamics.

In value terms, Kyrgyzstan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Kazakhstan (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade.

Buttermilk Export Prices by Country in Central Asia

The buttermilk export price in Central Asia stood at $X per ton in 2017, going down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for buttermilk reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton), while Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kyrgyzstan (+X% per year).

Buttermilk Imports in Central Asia

In 2017, the amount of buttermilk imported in Central Asia stood at X tons, lowering by -X% against the previous year. The buttermilk imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when imports increased by X% against the previous year. In that year, the buttermilk imports attained their peak volume of X tons. From 2014 to 2017, growth of the buttermilk imports failed to regain its momentum.

In value terms, buttermilk imports stood at $X in 2017. The buttermilk imports continue to indicate a perceptible curtailment. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Buttermilk Imports by Country in Central Asia

Kazakhstan dominates buttermilk imports structure, reaching X tons, which was near X% of total imports in 2017. Kyrgyzstan (X tons) took the mild share of total imports.

Kazakhstan experienced a relatively flat trend pattern of buttermilk imports. Kyrgyzstan (-X%) illustrated a downward trend over the same period. Kyrgyzstan (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported buttermilk in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan stood at -X%.

Buttermilk Import Prices by Country in Central Asia

The buttermilk import price in Central Asia stood at $X per ton in 2017, growing by X% against the previous year. The buttermilk import price continues to indicate a measured contraction. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kyrgyzstan ($X per ton) and Kazakhstan ($X per ton), while Kazakhstan ($X per ton) and Kyrgyzstan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year).

Source: IndexBox Platform